The UAE and Russia have signed a Commerce in Providers and Funding Settlement (TISIA), marking a big step in strengthening bilateral financial ties and increasing overseas direct funding (FDI) flows between the 2 nations.
The signing occurred in Moscow in the course of the go to of Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, who met with Russian President Vladimir Putin to debate methods of deepening cooperation throughout areas of mutual curiosity.
The settlement was signed by Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Overseas Commerce, and Maxim Reshetnikov, Russian Minister of Financial Improvement.
UAE-Russia commerce
Whereas the present Financial Partnership Settlement (EPA) with the Eurasian Financial Union (EAEU) focuses on commerce in items, the brand new TISIA gives a devoted bilateral framework with Russia, focusing on high-growth providers sectors corresponding to:
- Fintech
- Healthcare
- Transport
- Logistics
- Skilled providers
Al Zeyoudi mentioned the providers and funding settlement with Russia, coupled with the lately signed Financial Partnership Settlement with the nations of the Eurasian Financial Union, displays a big strengthening of our overseas commerce community.
UAE–Russia non-oil commerce reached $11.5bn in 2024, up 4.9 per cent from 2023, and surged 75.3 per cent year-on-year in H1 2025, underscoring the fast development in bilateral commerce.
The TISIA aligns with the UAE’s Complete Financial Partnership Settlement (CEPA) programme, a cornerstone of its overseas commerce technique.
The CEPA programme goals to develop the United Arab Emirates’ non-oil overseas commerce to $1.1tn by 2031, constructing on a document $816bn in 2024, a 14.6 per cent improve year-on-year.
By easing market entry, fostering funding, and creating new alternatives for entrepreneurs, the UAE–Russia TISIA reinforces each nations’ dedication to long-term financial collaboration and strengthens the United Arab Emirates’ position as a worldwide commerce hub.
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